After processing, an FPSO stores oil or gas before offloading ... to rotate freely to best respond to weather conditions, or weathervane, while spread-mooring systems anchor the vessel from ...

The Mero field on the Libra block is located some 180 kilometers off the coast of Rio; FPSO Sepetiba has been chartered by Petrobras on a 22.5-year lease Oil and gas giant Petrobras has started ...

The NearZero FPSO design incorporates low-carbon technologies that collectively create a “near zero” Scope 3 carbon emissions profile, achieving up to 80% reduction in greenhouse gas emissions ...

Murphy Oil’s subsidiary has entered a sale and purchase agreement to acquire the BW Pioneer floating production storage and ...

Modec is finalising deals with Tianjin-based Bomesc Offshore Engineering, Cosoco Shipping Heavy Industry and Shanghai Yanda Engineering to fabricate topsides modules for the FPSO, according to ...

Built by SBM Offshore, the One Guyana FPSO has a production capacity of 250,000 barrels per day. It departed Singapore in mid-February and reached Guyanese waters this week. Once operational, the ...

These FPSO vessels, costing upward of $1 billion apiece, are used to extract hydrocarbons from deep-sea wells, clean out impurities, store the crude oil and eventually transfer the black gold to ...

PETALING JAYA: With limited upside in crude oil prices, RHB Research says it prefers floating production storage and offloading (FPSO) players and maintenance-related players with better earnings ...

ExxonMobil Guyana has confirmed the arrival of the One Guyana Floating Production, Storage and Offloading (FPSO) vessel in Guyanese waters, marking a major milestone for the country’s offshore ...

Exxon Mobil Corporation XOM is moving closer to expanding its oil output in Guyana, as its fourth floating production storage and offloading (FPSO) vessel, One Guyana, begins the installation ...